NRN Financial Services LLC

NRN Financial Services LLC NRN Financial Services LLC provides a wide range of services to individuals and businesses in a variety of industries.

Raymond & Nicole Nieves are professionals who have over 35 years of experience. NRNFS specializes in accounting & bookkeeping for businesses as well as tax return preparation for individuals.

Up to $5,120 of the Adoption Tax Credit Is Refundable for 2026 – Did You Know?The Adoption Tax Credit helps eligible fam...
10/05/2026

Up to $5,120 of the Adoption Tax Credit Is Refundable for 2026 – Did You Know?

The Adoption Tax Credit helps eligible families manage qualified costs such as adoption fees, travel, legal services and home studies. In recent years, the credit was nonrefundable: it could reduce a person's federal income tax, but any unused amount generally had to be carried forward.

Under rules that took effect in 2025, part of the credit is now refundable. For tax year 2026, up to $5,120 per eligible child may be refundable, even if the taxpayer owes no federal income tax. Any unused nonrefundable portion may be carried forward for up to five years, but a carryforward cannot become refundable in a later year.

The Adoption Tax Credit is subject to income limits and other restrictions, and the timing of a claim depends on the circumstances of the adoption. A tax professional can help determine whether you qualify and how much credit you may claim.

82% of business owners fail — not from bad luck, but from never learning to manage cashflow.I get it, and I can help. As...
09/10/2026

82% of business owners fail — not from bad luck, but from never learning to manage cashflow.

I get it, and I can help. As one of only 19 Certified Cashflow Coaches in the country, I use the Cashflow Canvas™ framework and Glinda™ AI to give clients real clarity and a plan for their cashflow — not more theory.

Two ways to join:

The Cohort Experience — 5-week live program, starts September 15.

The Cohort Pop-Up Boot Camp — one intensive 5-hour session, September 26.

The first 10 to register for either get in free with code NRNFS2026CFC.

Seats are limited — click below to register.
nicole-s-site-e6af.thinkific.com

Quarterly Estimated Tax Payments - ReminderIf you are making quarterly estimated tax payments to the IRS, the due date f...
09/08/2026

Quarterly Estimated Tax Payments - Reminder

If you are making quarterly estimated tax payments to the IRS, the due date for the June 1 - August 31, 2026 payment period is coming up next week on Tuesday, September 15, 2026.

For payments made using IRS Direct Pay, you can make payments until 11:45 p.m. ET on the due date. Debit and credit card payments may also be made online through an IRS-approved payment processor.

09/08/2026

Limited seats. Real coaching. Your flight plan to cashflow clarity — built in one intensive 5-hour session.
Join me for The Cohort Pop-Up Boot Camp on September 26 — a live, hands-on session where you'll build your own Cashflow Canvas and walk away with a clear plan to take control of your numbers.
This isn't a webinar. It's a working session. Bring your financials, roll up your sleeves, and leave with clarity, direction, and a strategy you can execute immediately.
The first 10 people to register can attend for free using code NRNFS2026CFC.
Seats are limited and filling fast. Use the link below to register.
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The Cohort Pop Up Bootcamp
nicole-s-site-e6af.thinkific.com
The Cohort Pop Up Bootcamp

Educator Classroom Expense Deduction – Did You Know?Eligible K-12 teachers, instructors, counselors, principals and aide...
09/01/2026

Educator Classroom Expense Deduction – Did You Know?

Eligible K-12 teachers, instructors, counselors, principals and aides who pay for classroom supplies out of pocket may deduct up to $350 of qualifying expenses per year. Married couples filing jointly who are both eligible educators may deduct up to $350 each, for a combined maximum of $700.

You do not need to itemize deductions to claim this deduction. Be sure to keep receipts and other records for any classroom expenses you plan to deduct.

Major Higher Education Tax Credits Now Require Valid SSN – Did You Know?The American Opportunity Tax Credit (AOTC) and L...
08/24/2026

Major Higher Education Tax Credits Now Require Valid SSN – Did You Know?

The American Opportunity Tax Credit (AOTC) and Lifetime Learning Credit (LLC) help many Americans pay for higher education. For eligible students pursuing a degree or other recognized credential, the AOTC can cover up to $2,500 in tuition, required school fees and certain course materials per year. Meanwhile, the LLC can offset up to $2,000 per tax return for qualified education expenses for eligible students taking higher education courses for a variety of reasons.

Beginning with tax year 2026, the taxpayer claiming either the AOTC or LLC (and spouse, if filing jointly) must have a Social Security number (SSN) valid for work in the United States that was issued before the due date of the tax return, including extensions. If the eligible student is not the person claiming the credit (for example, if the student is that person's dependent or spouse), then the student must also have a valid SSN issued by that deadline. Other qualification requirements, such as income limits, remain in effect. A tax professional can help you determine whether the higher education expenses you pay for yourself, your spouse or a dependent qualify for a tax benefit.

Seasonal Employers - Did You Know?Summer is a peak time for many businesses to hire seasonal employees. In general, the ...
08/18/2026

Seasonal Employers - Did You Know?

Summer is a peak time for many businesses to hire seasonal employees. In general, the same federal tax rules apply to these workers as to permanent staff. Employers typically must withhold federal income tax and F**A (Social Security and Medicare) taxes and pay the employer share of F**A. Employers subject to FUTA must also pay federal unemployment tax on taxable wages.

Seasonal employers often must file Form 941 (Employer's Quarterly Federal Tax Return) for quarters in which they pay wages. However, they generally do not need to file for quarters in which they paid no wages and have no employment tax liability. If this applies, check the "Seasonal Employer" box on every Form 941 you file.

Employment taxes generally must be deposited monthly or semiweekly, based on the applicable lookback period. FUTA follows separate deposit rules and generally must be deposited when accumulated FUTA tax exceeds $500 for a quarter. Federal tax deposits must be made electronically, including through EFTPS.

The Wake Up Call: 5 Day ChallengeMost founders don't avoid their numbers because they don't care — they avoid them becau...
08/13/2026

The Wake Up Call: 5 Day Challenge

Most founders don't avoid their numbers because they don't care — they avoid them because no one showed them where to start.

In 5 mornings (just 25 min/day), you'll uncover the 3 numbers that change everything:

-The paycheck your business needs to provide
-The value it needs to build for your retirement
-The real return on your business investment
Starts Friday, Aug 21 | Live daily 11:35 AM ET
FREE with code: nn2025

Rise and shine: https://conta.cc/4qdYXgI
You own the business. It's time to own the numbers.




Expense Deduction Rules for Personal Property Used for Business – Did You Know?Many self-employed people may qualify to ...
08/11/2026

Expense Deduction Rules for Personal Property Used for Business – Did You Know?

Many self-employed people may qualify to reduce their taxable income by deducting business expenses. In general, you must allocate expenses related to mixed-use property based on your "percentage of business use." But how is this percentage calculated?

For many types of equipment, your business use percentage may be based on a reasonable measure such as time or output. For example, if you use your computer for 30 hours a week in your freelance work and 20 hours a week for personal purposes (total of 50 hours), then your business use percentage would generally be 30/50 = 60%. Meanwhile, if you have a printer and print 400 pages for business reasons and 100 pages for personal reasons (500 pages total), then your business use percentage would typically be 400/500 = 80%. Therefore, you could generally allocate 80% of shared costs like ink and paper to business use.

On the other hand, business percentages for vehicles should be based on mileage, not time. So if you drive your car 4,500 miles this year in the course of your self-employment work, and 10,500 miles for all other purposes (total of 15,000 miles), then your business use percentage would be 4,500/15,000 = 30%. Alternatively, if eligible, you may choose to use the standard mileage rate and calculate your vehicle deduction based on your qualifying business miles instead of deducting your share of actual vehicle expenses. Be sure to keep records that support your business use percentage, such as mileage logs, usage records, or other documentation showing how the property was used for business and personal purposes.

Address

235 Deer Trl
Fayetteville, GA
30214

Telephone

(954) 372-6164

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